Fair Housing & Consumer Protection Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. The GBLA requires financial institutions to provide consumers with:

Question 2 2. Which of the following is not a type of discrimination prohibited by the Fair Housing Act of 1968?

Question 3 3. Many consumer rights are protected under the:

Question 4 4. What does the acronym NPI stand for?

Question 5 5. Mary works for a bank that refuses to lend to anyone that lives in a certain neighborhood near the center of town. What type of unethical practice is the bank engaging in?

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Question 6 6. Ronald is a real estate investor. He goes around neighborhoods convincing people to sell cheap claiming that property values in the neighborhood are plummeting because people of a particular race, religion or national origin are moving in. What is Ronald doing?

Question 7 7. Rick's a real estate agent that thinks his clients will be happier in neighborhoods where everyone is the member of the same race. Consequently, if his client is African American, he only shows listings of houses from neighborhoods consisting of primarily African American residents. Which of the following describes Rick's actions?

Question 8 8. The Jones family is receiving a rent subsidy to apply against the rent they pay for an apartment. Which housing program are they most likely participating in?

Question 9 9. Martha has received a reasonable cause determination from HUD, and wants to go to federal court. Who will commence the litigation for her?

Question 10 10. Perry is a property manager. When he has an Hispanic rental applicant apply, he directs the applicant to his 'Hispanic apartments'. When he has a Caucasian applicant apply, he offers them an apartment in his 'Caucasian' apartments. What is Perry doing wrong?

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Question 11 11. Kerry works for a bank. He just denied a loan to a couple seeking to buy real estate in the inner city where the default rates are always high. The loan was denied because the husband had just lost his job and the family has recently took some dings on their credit report, which also indicates a high amount of credit card debt. What unethical practice is Kerry engaging in?

Question 12 12. When was HUD established by Congress?

Question 13 13. The Smith family is helping to build a house with a nonprofit which received a grant from HUD to fund the project. After construction is finished, the Smith family will purchase the property at a subsidized price. Which of the following HUD programs is the most likely source of the funding?

Question 14 14. If a consumer is registered on the Do Not Call Registry, a real estate professional can make an exception if:

Question 15 15. By law, a mortgage lender is considered _______?

Fair Housing & Consumer Protection Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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